# NORTHERN LIGHTS COMMUNITY
Chatham, MI · NCUA charter 5272 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/northern-lights-community-5272

Who the members are: federal charter, community charter, organized 1945, low-income designated. 1,288 members of 2,000 potential (64.4% of the field); checking penetration 73% (share draft accounts per 100 members); loans per 100 members 31.

**Verdict on the desk:** this could be *auto monoline*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $12.6M |
| Members | 1,288 (7.2% YoY) |
| Full-time staff | 3 |
| Net worth | $1.2M |
| Net worth ratio | 9.5% (p13 of band) |
| ROA (annualized) | 2.39% (p96 of band) |
| Total delinquency | 0.94% (p61 of band) |
| Net charge-offs (annualized) | -0.06% (p13 of band) |
| Loans / shares | 30% (p13 of band) |
| Cash / assets | 70.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.80% (p82 of band) |
| Operating expense / assets | 4.14% (p63 of band) |
| Vehicles % of loans | 64% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.23% (p69 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 93% |
| Certificates % of member funds | 3% |
| Average share balance | $4,597 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $8,327 |
| Loans granted, annualized | $1.4M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | charge-offs p90, auto monoline |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 | net worth falling | auto monoline |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 0 |  | delinquency rising |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | losing money |  |
| 2019-06 | 0 |  | losing money |
| 2019-09 | 1 | delinquency rising |  |
| 2019-12 | 1 | auto monoline | delinquency rising |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 4 | thin capital |  |
| 2020-12 | 4 | delinquency rising | net worth falling |
| 2021-03 | 6 | losing money, charge-offs p90 |  |
| 2021-06 | 3 |  | margin squeeze, delinquency rising, charge-offs p90 |
| 2021-09 | 5 | margin squeeze, delinquency rising |  |
| 2021-12 | 5 | net worth falling | delinquency rising |
| 2022-03 | 5 |  |  |
| 2022-06 | 5 | delinquency rising | net worth falling |
| 2022-09 | 6 | capital below 7%, members leaving | margin squeeze, delinquency rising |
| 2022-12 | 3 |  | capital below 7%, members leaving |
| 2023-03 | 4 | members leaving |  |
| 2023-06 | 3 |  | losing money |
| 2023-09 | 6 | capital below 7%, losing money |  |
| 2023-12 | 5 | assets shrinking | capital below 7% |
| 2024-03 | 8 | expense trap, delinquency 2x band, delinquency rising |  |
| 2024-06 | 4 |  | losing money, assets shrinking, expense trap, delinquency 2x band |
| 2024-09 | 5 | assets shrinking |  |
| 2024-12 | 4 | loan book shrinking | members leaving, assets shrinking |
| 2025-03 | 3 |  | delinquency rising |
| 2025-06 | 4 | members leaving |  |
| 2025-09 | 3 |  | members leaving |
| 2025-12 | 3 | delinquency rising | thin capital |
| 2026-03 | 2 |  | loan book shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-03-31 [Jeffers competes in HS Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPNnF6bWZQRXRmVENQbTFLTFRMY2pFdjZuRWtacDdwTFhKY2tDVEFjeHZNcjE0SDlCVG1icW1BVHJRSzZKYTBPZ091LXdTRjNnVFdaakpYQXQzRmZCZ0NkSTlrX0xtNy1IZ3ZVRnVYemI1aHQ3UkhaNVZwTWRiSkhCSW1rcVE0RHE5?oc=5) · The Mining Gazette
- 2025-12-10 [Big Bay de Noc competes in High School Bowl - Pioneer Tribune](https://news.google.com/rss/articles/CBMijAFBVV95cUxPcEIzSXJNd0gycFhvSnlJUTI3T3R1eEZDVnYxVTNQNnRmUUgwM1liTkdnWU11MzJKN21rdHBXb0FZOWNKaFQzMlJpYWJRbE9GTXpSc2c0RjVOOUxPejlEMFFHOHNta2JQd1VwOEhDM3VmTVlac3hIMUhaQjVNb3B2ckh4OWhMSThIYmRUVw?oc=5) · Pioneer Tribune
- 2026-03-03 [Jeffers Competes in High School Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNjktU2N4b1NIWFpfWld2b0ctemZsb3FUdm5EbEJnajlJQkdTYW9BSWlwSmp6M2p5d2JCTzdla0RPZ2xYT3kxWEE2d3k0Q3RLSWl6S2Z4SHpJNUxpaU1UR0FNOHY1cDY0UzVabk5hVUwxZ0dydi13Y21kUXZNM2Z1TUJqTlNreTVIb08wa29yXzNXdkxI?oc=5) · The Mining Gazette
- 2024-04-16 [Houghton takes 2nd place in HS Bowl - The Mining Gazette](https://news.google.com/rss/articles/CBMikwFBVV95cUxOWTF1WHRraGk0MGlxTjdZSVRJQXBWV1dDejY2c0x3aEhrcVlTcWxTTDNvLVQ1bDZIdlR6TXRnYzhHTURkUmhEX3pXYUt6MUlfaW85RTg5S1AyRjN3Nl9TN3RzNUxJZWdQTm8tQURkYjR0a2pQVVVlY0MwOURBM2ZLbzlBT1lkendZTEYyVEI0d3V3YjA?oc=5) · The Mining Gazette

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5272 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/24.json (key "5272", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=5272
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide